IShares VII Correlations

CSBGU3 Etf

USD 125.46 0.01 0.01%

The current 90-days correlation between iShares VII PLC and Amundi Index Solutions is -0.13 (i.e., Good diversification). The correlation of IShares VII is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

IShares VII Correlation With Market

Very poor diversification

The correlation between iShares VII PLC and DJI is 0.82 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iShares VII PLC and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to IShares VII could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IShares VII when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IShares VII - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling iShares VII PLC to buy it.

Moving together with IShares Etf

0.99	IBTS	iShares Treasury Bond	Pair Corr
0.81	GDXJ	VanEck Junior Gold	Pair Corr
0.83	AUCO	LG Gold Mining	Pair Corr
0.82	ESGO	AuAg Gold Mining	Pair Corr
0.93	HKOR	HSBC MSCI KOREA	Pair Corr
0.81	XMKO	Xtrackers MSCI Korea	Pair Corr
0.84	IAUP	iShares Gold Producers	Pair Corr
0.82	GDX	VanEck Gold Miners	Pair Corr
0.82	GGMUSY	UBS ETF plc	Pair Corr
0.91	IKOR	iShares MSCI Korea	Pair Corr
0.88	WCOS	SPDR MSCI World	Pair Corr
0.93	USVUSY	UBS ETF plc	Pair Corr
0.68	CHCORP	iShares Core CHF	Pair Corr
0.9	JPNJPA	UBSFund Solutions MSCI	Pair Corr
0.93	USFMA	UBS ETF plc	Pair Corr
0.62	SXLV	SPDR SP Health	Pair Corr
0.72	LYWAT	Lyxor MSCI Water	Pair Corr
0.85	EMHD	Invesco FTSE Emerging	Pair Corr
0.93	SRFCHA	UBS ETF SXI	Pair Corr
0.68	RS2K	Amundi Index Solutions	Pair Corr
0.95	UT1US	UBSFund Solutions	Pair Corr
0.87	IDP6	iShares SP SmallCap	Pair Corr
0.65	IECH	iShares Core Corp	Pair Corr
0.87	ISWD	iShares MSCI World	Pair Corr
0.86	IUSP	iShares Property Yield	Pair Corr
0.95	SPICHA	UBS ETF SPI	Pair Corr
0.79	BCCMA	UBS Fund Solutions	Pair Corr
0.79	HYLC	iShares Global High	Pair Corr
0.86	RGLDS	Raiffeisen ETF Solid	Pair Corr
0.73	E909	Lyxor 1 DAX	Pair Corr
0.92	EMUSD	UBSFund Solutions MSCI	Pair Corr
0.92	AUHEUA	UBS ETF plc	Pair Corr

Moving against IShares Etf

0.83

XRPL

CoinShares Physical XRP

Pair Corr

Related Correlations Analysis

	IBTS	CSBGU3	UT1USA	FLXK	IUES	IEMS	EUN	IUKP	JPHG
IBTS		0.99	-0.28	0.91	0.88	0.88	0.87	0.85	0.92	IBTS
CSBGU3	0.99		-0.29	0.93	0.89	0.89	0.88	0.85	0.93	CSBGU3
UT1USA	-0.28	-0.29		-0.3	-0.41	-0.32	-0.09	-0.06	-0.36	UT1USA
FLXK	0.91	0.93	-0.3		0.96	0.98	0.87	0.89	0.94	FLXK
IUES	0.88	0.89	-0.41	0.96		0.96	0.77	0.8	0.93	IUES
IEMS	0.88	0.89	-0.32	0.98	0.96		0.83	0.86	0.92	IEMS
EUN	0.87	0.88	-0.09	0.87	0.77	0.83		0.91	0.88	EUN
IUKP	0.85	0.85	-0.06	0.89	0.8	0.86	0.91		0.85	IUKP
JPHG	0.92	0.93	-0.36	0.94	0.93	0.92	0.88	0.85		JPHG
	IBTS	CSBGU3	UT1USA	FLXK	IUES	IEMS	EUN	IUKP	JPHG

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

CSBGU3	+ 0.99	IBTS
IEMS	+ 0.98	FLXK
IUES	+ 0.96	FLXK
IEMS	+ 0.96	IUES
JPHG	+ 0.94	FLXK
FLXK	+ 0.93	CSBGU3

High negative correlations

IUES	- 0.41	UT1USA
JPHG	- 0.36	UT1USA
IEMS	- 0.32	UT1USA
FLXK	- 0.3	UT1USA
UT1USA	- 0.29	CSBGU3
UT1USA	- 0.28	IBTS

IShares VII Constituents Risk-Adjusted Indicators

There is a big difference between IShares Etf performing well and IShares VII ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze IShares VII's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
IBTS	0.05	0.01	(1.86)	(1.26)	0.00	(0.06)	0.15	(0.06)	0.45
CSBGU3	0.04	0.01	(1.62)	(0.46)	0.00	(0.07)	0.13	(0.07)	0.35
UT1USA	0.07	(0.02)	0.00	(0.69)	0.00	0.00	0.12	(0.08)	1.82
FLXK	1.62	0.76	0.35	(2.55)	1.29	(1.97)	4.11	(2.81)	12.03
IUES	1.02	0.33	0.17	(1.17)	0.83	(1.17)	2.42	(1.87)	5.92
IEMS	0.67	0.15	0.06	(2.13)	0.59	(0.89)	1.27	(1.47)	3.76
EUN	0.48	0.10	0.02	0.60	0.56	(0.54)	1.19	(1.10)	4.03
IUKP	0.80	0.18	0.05	(0.70)	0.84	(0.96)	2.31	(1.51)	5.85
JPHG	0.69	0.18	0.10	0.56	0.57	(0.97)	2.18	(1.77)	4.93

Be your own money manager

Our tools can tell you how much better you can do entering a position in IShares VII without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Headlines Timeline Now

Headlines Timeline

Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity

All Next

Launch Module

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC